Dialog reported its Q2 results, with sales coming in at $26m, corresponding to a sequential increase of 1.5% but to a 22.1% decrease yoy. The main contributor was, as usual, the Mobile Systems business line ($178m, -5.4% sequentially, -31.4% yoy), while Power Conversion accelerated to 46% yoy growth ($29m). Connectivity somewhat recovered from Q1 and displayed a slight decrease yoy ($28m, -2.1%). The gross margin reached 46.3%, down 20bp yoy. Operating profit reached $23m, corresponding to a
28 Jul 2016
Downgraded guidance corresponding to inventory management, 2017 not likely at risk
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Downgraded guidance corresponding to inventory management, 2017 not likely at risk
Direct Line Insurance Group Plc (DLG:LON) | 192 2.1 0.6% | Mkt Cap: 2,513m
- Published:
28 Jul 2016 -
Author:
Charles Bordes -
Pages:
3
Dialog reported its Q2 results, with sales coming in at $26m, corresponding to a sequential increase of 1.5% but to a 22.1% decrease yoy. The main contributor was, as usual, the Mobile Systems business line ($178m, -5.4% sequentially, -31.4% yoy), while Power Conversion accelerated to 46% yoy growth ($29m). Connectivity somewhat recovered from Q1 and displayed a slight decrease yoy ($28m, -2.1%). The gross margin reached 46.3%, down 20bp yoy. Operating profit reached $23m, corresponding to a